Issuu on Google+

FAIRFIELD COUNT Y BUSINESS JOURNAL YOUR ONLY SOURCE FOR LOCAL BUSINESS NEWS • Bob Rozycki Vol 48, No. 15 • April 9, 2012 FCBJ TODAY Is Conn. filmmaking headed south? Or South by Southwest? … 2 Blumenthal: Bill is ‘fatally flawed’ The startup appeal of the franchise – the franchisor, that is. 3 BY CAROL E. CURTIS Op-ed: Education reform – in name only? … 4 W.R. Berkley gives a hoot about a blogger’s acid posts … 7 In the field: Helicopter crash hits GE with $70 million verdict … 8 The List: the leading list of PR firms … 12 Special report: As Facebook goes, so goes WebMediaBrands … 13 Also … “To allow sales people with minimal (experience) to estimate the value of property for a lender in this post-Lehman Brothers’ climate is unfathomable.” 5 MEDIA PARTNER JOBS Act schism Joseph Saccomano, a managing partner with Jackson Lewis With the JOBS Act about to become law, including provisions permitting crowd funding and general solicitation, Connecticut officials were split on whether it will be good or bad for the state’s businesses and investors. The bill passed the U.S. Senate March 27 by a vote of 73 - 26. After final House approval, needed because the Senate amended the House version, the bill has now been sent to President Obama, who is expected to sign it. The JOBS Act is important to Fairfield County because it will help small businesses and venture capitalists raise money. It will also allow hedge funds and private equity firms to advertise for the first time. But opponents argue it could be nothing short of a disaster for investors. “I believe the JOBS Act is fatally flawed in Act, page 6 Bias claims on the rise Recession proves a double-edged sword for victims BY CAROL E. CURTIS L ocal sexual discrimination cases rose “dramatically” in the wake of the financial crisis, according to an attorney with the workplace law firm Jackson Lewis L.L.P., but some victims may have kept quiet due to worries about keeping or finding a job. Leading up to the financial crisis, Jackson Lewis saw comparatively few gender discrimination and bias cases, according to Joseph Saccomano, a managing partner in the White Plains, N.Y. office of Jackson Lewis, which also has a Stamford office. But that changed in 2009 and 2010, when the caseload in the area rose dramatically at his firm. “It is almost as if we are back in the early 1990s,” Saccomano said. Saccomano was part of a panel of experts that convened at Valbella restaurant in Greenwich, in a roundtable organized by Westfair Communications Inc., publisher of the Bias, page 6 U.S. Sen. Richard Blumenthal, right, and U.S. Rep. Jim Himes are on opposite sides of the JOBS Act aisle. Pulling back the curtain Film offers insider’s view of Bear Stearns collapse BY ALEXANDER SOULE N ick Verbitsky has the skinny on corporate texts, mortgage lies and boardroom videotape. And the movie he created from these scintillating subjects is soon coming to a theater near you. The Connecticut Film Festival is premiering “Confidence Game” at its Danbury confab in late April, with the Blue Chip Films documentary focused on the collapse of Bear Stearns and the burst of the mortgage finance balloon. It marks the first theatrical film by Norwalk-based Blue Chip Films, which Verbitsky founded initially to produce corporate video work, only to broaden later into TV projects. “Confidence Game” is not the first documentary to chronicle the underpinnings Curtain, page 6

Fairfield Business Journal

Related publications